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I can’t see much risk when market cap equals cash

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dazatoN

7,979 Posts.

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23/06/21

09:02

Post #: 54005706
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Originally posted by ttward: ↑

MR1 - Have a good read of the ann yesterday that denied the Grassy Mountain Coal Project. SP went from around 10c to 3.3c on this news.

I think the risk is high in this one. If the Tent Mountain Project also gets denied, you will see a similar substantial drop in SP. On the other hand, if it is approved, there would be a substantial increase.

High Risk / High reward. I would use caution on this one and make sure you do your research.

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I can’t see much risk when market cap equals cash
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